A nice combo pack here with two bedroom suites downstairs and private pool. It's a little light on the premium upgrades but it had enough dazzle to attract multiple bidders. This was a standard tract house when sold new for $422,500 in 2000:
Year: 2023
The Pretenders
It's amazing how she endured two of these guys overdosing and 44 years of rock and roll and still be on the road doing it as good as ever. Here's how it all started - she quit smoking at age 60!
NSDCC Monthly Listings, May
They feel like the good old days but it was only 4-5 years ago that we could count on 200-300 listings priced under $2,000,000 to hit the market every month. It caused some complacency and pickiness among buyers, but now that the choices have narrowed so quickly,...
Comping Out The Crazy
How did the local home prices go up 40% in two years? The low rates helped buyers lose their minds, but it was more attributable to how we price homes. When there was a sale that was 10% or more above comps, it became the new standard - and made the next seller so...
Inventory Watch
The active (unsold) listings keep stacking up, and the pendings are drifting off - which means sellers are content to let their price ride, rather than adjust. They're not going to give it away! NEWS FLASH: We are running out of time. Next Saturday is July 1st! In the...
Beautiful Small Towns
The United States is full of beautiful small towns. Though large metropolises like New York City, Chicago, Los Angeles, or Washington, DC, are often thought of as culture and beauty capitals, this doesn’t mean other locales can’t be beacons of these qualities too. All...
What’s To Come?
My thoughts below on how this year should wrap up. Buyers don't have any reason to rush anything because rates and prices don't seem to be going anywhere over the next few months. It will cause them to be extra picky which will tempt everyone to look ahead to the next...
SP:LP Rebound
NSDCC SP:LP Ratio The hyper-frenzy days of a 109% ratio between the monthly median sales prices and median list prices are probably long gone....much like 3% mortgages! It is remarkable how the SP:LP ratio has bounced back. Buyers are paying the money if they find a...
More T-Shirts!
Yesterday was Donna's birthday so I took her to Red Tracton's last night - the only place I know that has prime rib during the week. Reader Peter O. was nice enough to say hello, and I wished I had a Bubbleinfo t-shirt to give him! I've been thinking of printing...
Flipper Discounts
Home flipping is all the rage, and it complicates the demand for old houses and fixers because there are more flippers than buyers pursuing them. Agents get calls, texts, and emails every day from flippers begging to buy their listings. They offer to have the listing...